Sept 23 (Reuters) - Pacific Insight Electronics Corp PIH.TO :
* Announces private placement
* Planning to raise about $2.9 million by way of non-brokered private placement
of up to 700,000 units at price of $4.15/unit
* Says proceeds from the sale of the units will be used for additional
productive capacity
* Source text for Eikon ID:nCNWbcQdXa
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